What is L3Harris Technologies Inc's earnings per share (EPS)?

L3Harris Technologies Inc (LHX) reported diluted earnings per share of $8.53 for fiscal year 2026. This represents a 8.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

L3Harris Technologies Inc Financials

LHX

FY2026 annual

Revenue Not reported for FY2026

Net Income $1.6B +6.9% YoY

EPS (Diluted) $8.53 +8.4% YoY

Free Cash Flow $2.7B +24.7% YoY

Source SEC Filings (10-K/10-Q) Data as of Jul 3, 2026 Currency USD FYE January

This page shows L3Harris Technologies Inc (LHX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LHX FY2026 2026-08-15

L3Harris converts accounting earnings into expanding free cash flow while using cash to reduce leverage and return capital.

FY2026 cash conversion was unusually favorable: operating cash flow was $3.1B, nearly twice net income of $1.6B. After capital spending of $424M, free cash flow still reached $2.7B, showing earnings were not being absorbed by reinvestment.

Cash rose to $1.1B from $615M, giving the business a larger immediate liquidity buffer. The current ratio reached 1.2x while debt-to-equity eased to 0.5x, indicating improved short-term coverage alongside modest deleveraging.

Operating margin rose to 9.0% in FY2025 from 7.3% in FY2023, showing profit recovery outpaced the earlier revenue setback. Yet gross margin was 25.9% versus 26.3%, so the improvement appears below the gross-profit line rather than from broad improvement in underlying production economics.

Financial Health Signals

Financial health score not available

L3Harris Technologies Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

7/7

L3Harris Technologies Inc passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass.

Earnings Quality Cash-Backed

1.93x

For every $1 of reported earnings, L3Harris Technologies Inc generates $1.93 in operating cash flow ($3.1B OCF vs $1.6B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

EBITDA

$3.3B

YoY+4.0%

5Y CAGR+0.9%

L3Harris Technologies Inc's EBITDA was $3.3B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.0% from the prior year.

Net Income

$1.6B

YoY+6.9%

5Y CAGR+7.5%

10Y CAGR+17.0%

L3Harris Technologies Inc reported $1.6B in net income in fiscal year 2026. This represents an increase of 6.9% from the prior year.

EPS (Diluted)

$8.53

YoY+8.4%

5Y CAGR+10.4%

L3Harris Technologies Inc earned $8.53 per diluted share (EPS) in fiscal year 2026. This represents an increase of 8.4% from the prior year.

Revenue

Not reported for fiscal year 2026.

Cash & Balance Sheet

Free Cash Flow

$2.7B

YoY+24.7%

5Y CAGR+2.1%

L3Harris Technologies Inc generated $2.7B in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 24.7% from the prior year.

Cash & Debt

$1.1B

YoY+73.8%

5Y CAGR-3.5%

10Y CAGR+8.3%

L3Harris Technologies Inc held $1.1B in cash against $10.4B in long-term debt as of fiscal year 2026.

Dividends Per Share

$4.80

YoY+3.4%

5Y CAGR+7.1%

L3Harris Technologies Inc paid $4.80 per share in dividends in fiscal year 2026. This represents an increase of 3.4% from the prior year.

Shares Outstanding

187M

YoY-0.8%

5Y CAGR-2.2%

L3Harris Technologies Inc had 187M shares outstanding in fiscal year 2026. This represents a decrease of 0.8% from the prior year.

Margins & Returns

Return on Equity

8.2%

YoY+0.5pp

5Y CAGR+2.8pp

10Y CAGR-1.7pp

L3Harris Technologies Inc's ROE was 8.2% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2026.

Operating Margin

Not reported for fiscal year 2026.

Net Margin

Not reported for fiscal year 2026.

Capital Allocation

Share Buybacks

$1.2B

YoY+108.3%

5Y CAGR-12.8%

L3Harris Technologies Inc spent $1.2B on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 108.3% from the prior year.

Capital Expenditures

$424.0M

YoY+3.9%

5Y CAGR+2.9%

L3Harris Technologies Inc invested $424.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 3.9% from the prior year.

R&D Spending

Not reported for fiscal year 2026.

LHX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LHX annual income statement

Metric	TTM	FY26	FY25	FY23	FY22	FY21	FY21	FY20	FY19	FY18	FY16	FY15	FY14	FY13	FY11	FY10
Revenue	$39.1B	N/A	$21.3B	$19.4B+13.8%	$17.1B-4.2%	$17.8B	$18.2B+41.5%	$12.9B+89.0%	$6.8B+10.0%	$6.2B	$6.0B+54.2%	$3.9B-22.5%	$5.0B+1092.5%	$420.3M	$189.2M-96.0%	$4.7B
Cost of Revenue	$29.1B	N/A	$15.8B	$14.3B+17.9%	$12.1B-2.4%	$12.4B	$14.3B+57.4%	$9.1B+103.4%	$4.5B+9.9%	$4.1B	$3.8B+61.7%	$2.4B-28.4%	$3.3B-2.2%	$3.4B	$3.5B+15.7%	$3.1B
Gross Profit	$10.0B	N/A	$5.5B	$5.1B+3.8%	$4.9B-8.4%	$5.4B	$3.9B+3.2%	$3.8B+61.4%	$2.3B+10.3%	$2.1B	$2.2B+42.6%	$1.5B-11.0%	$1.7B+157.4%	-$3.0B	-$3.3B-278.6%	$1.9B
SG&A Expenses	N/A	$3.4B-3.9%	$3.6B	$3.3B+10.5%	$3.0B-8.6%	$3.3B	$3.3B+30.5%	$2.5B+104.5%	$1.2B+5.1%	$1.2B	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$4.0B	$2.1B+10.0%	$1.9B	$1.4B+26.5%	$1.1B-46.6%	$2.1B	$2.2B	N/A	$1.4B+28.9%	$1.1B	$1.1B	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	-$543.0M-94.6%	-$279.0M-5.3%	-$265.0M	$270.0M+24.4%	$217.0M+28.4%	$169.0M-0.6%	$170.0M	$183.0M+40.8%	$130.0M+38.3%	$94.0M-13.8%	$109.0M	$90.4M+25.4%	$72.1M
Income Tax	N/A	$326.0M+283.5%	$85.0M	$23.0M-89.2%	$212.0M-51.8%	$440.0M	$234.0M+60.3%	$146.0M-8.8%	$160.0M-22.3%	$206.0M	$273.0M+150.5%	$109.0M-57.4%	$256.0M+26.1%	$203.0M	$306.8M+3.9%	$295.4M
Net Income	N/A	$1.6B+6.9%	$1.5B	$1.2B+15.5%	$1.1B-42.5%	$1.8B	$1.1B-16.1%	$1.3B+40.5%	$949.0M+35.8%	$699.0M	$324.0M-3.0%	$334.0M-37.6%	$535.0M+373.5%	$113.0M	$588.0M+4.7%	$561.6M
EPS (Diluted)	—	$8.53+8.4%	$7.87	$6.44+17.3%	$5.49-39.6%	$9.09	$5.19-34.2%	$7.89	$7.86+36.5%	$5.76	$2.59-16.7%	$3.11-37.2%	$4.95+390.1%	$1.01	$4.60+7.5%	$4.28

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Revenue	$5.9B+2.4%	$5.7B-73.7%	$21.9B+286.4%	$5.7B+4.3%	$5.4B+5.7%	$5.1B-75.9%	$21.3B+303.0%	$5.3B
Cost of Revenue	$4.4B+0.9%	$4.3B-73.3%	$16.2B+289.9%	$4.2B+1.8%	$4.1B+8.2%	$3.8B-76.1%	$15.8B+308.0%	$3.9B
Gross Profit	$1.5B+7.1%	$1.4B-75.1%	$5.6B+276.5%	$1.5B+11.9%	$1.3B-1.1%	$1.4B-75.6%	$5.5B+289.3%	$1.4B
SG&A Expenses	$848.0M+13.1%	$750.0M	N/A	$873.0M+14.3%	$764.0M-7.4%	$825.0M	N/A	$924.0M
Operating Income	$654.0M+0.3%	$652.0M-69.1%	$2.1B+239.8%	$621.0M+8.8%	$571.0M+8.8%	$525.0M-72.6%	$1.9B+287.5%	$495.0M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$166.0M
Income Tax	$110.0M+42.9%	$77.0M	N/A	$105.0M+59.1%	$66.0M-9.6%	$73.0M	N/A	$26.0M
Net Income	$600.0M+17.2%	$512.0M	N/A	$462.0M+0.9%	$458.0M+18.7%	$386.0M	N/A	$400.0M
EPS (Diluted)	$3.13+15.1%	$2.72	N/A	$2.46+0.8%	$2.44+19.6%	$2.04	N/A	$2.10

Not reported in any period shown, so not listed: R&D Expenses.

TTM is the trailing twelve months, Q3 FY2026 through Q2 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

No annual filing on record for: FY2012, FY2017, FY2024.

LHX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LHX annual balance sheet

Metric	FY26	FY25	FY23	FY22	FY21	FY21	FY20	FY19	FY18	FY16	FY15	FY14	FY13	FY11	FY10
Total Assets	$41.2B-1.9%	$42.0B	$41.7B+24.3%	$33.5B-3.4%	$34.7B	$37.0B-3.6%	$38.3B+278.9%	$10.1B+2.7%	$9.9B	$12.0B-8.5%	$13.1B+166.9%	$4.9B+1.5%	$4.8B	$6.2B+30.1%	$4.7B
Current Assets	$8.6B+4.6%	$8.2B	$8.1B+19.3%	$6.8B+6.2%	$6.4B	$6.7B+5.6%	$6.3B+144.8%	$2.6B+15.9%	$2.2B	$2.6B-17.6%	$3.2B+59.9%	$2.0B+2.2%	$1.9B	$2.2B+10.6%	$2.0B
Cash & Equivalents	$1.1B+73.8%	$615.0M	$560.0M-36.4%	$880.0M-6.5%	$941.0M	$1.3B+54.9%	$824.0M+55.5%	$530.0M+84.0%	$288.0M	$487.0M+1.2%	$481.0M-14.3%	$561.0M+74.8%	$321.0M	$366.9M-19.4%	$455.2M
Inventory	$1.2B-8.3%	$1.3B	$1.5B+14.0%	$1.3B+31.5%	$982.0M	$973.0M-20.2%	$1.2B+238.6%	$360.0M-12.4%	$411.0M	$867.0M-14.6%	$1.0B+64.0%	$619.0M-7.4%	$668.7M	$720.8M+17.1%	$615.3M
Accounts Receivable	$1.4B+27.9%	$1.1B	$1.2B-1.7%	$1.3B+19.7%	$1.0B	$1.3B+10.5%	$1.2B+166.1%	$457.0M-1.9%	$466.0M	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$20.0B-1.5%	$20.3B	$20.0B+15.6%	$17.3B-5.0%	$18.2B	$18.9B-5.6%	$20.0B+274.6%	$5.3B-0.6%	$5.4B	$5.4B-1.0%	$5.4B+215.9%	$1.7B+1.1%	$1.7B	$2.4B+51.1%	$1.6B
Total Liabilities	$21.6B-3.8%	$22.4B	$22.9B+53.4%	$14.9B-3.8%	$15.5B	$16.2B+3.1%	$15.7B+133.2%	$6.8B+2.8%	$6.6B	$9.0B-8.0%	$9.7B+214.6%	$3.1B-5.8%	$3.3B	$3.7B+43.7%	$2.6B
Current Liabilities	$7.2B-5.3%	$7.6B	$8.0B+38.6%	$5.8B+26.9%	$4.6B	$4.2B+5.8%	$4.0B+76.8%	$2.3B+22.6%	$1.9B	$2.0B-12.9%	$2.3B+103.9%	$1.1B-14.1%	$1.3B	$1.4B+36.0%	$1.1B
Long-Term Debt	$10.4B-5.8%	$11.1B	$11.2B+79.3%	$6.2B-11.7%	$7.0B	$6.9B+3.7%	$6.7B+142.3%	$2.8B-18.9%	$3.4B	$4.1B-18.5%	$5.1B+223.1%	$1.6B-0.8%	$1.6B	$1.9B+60.4%	$1.2B
Total Equity	$19.6B+0.6%	$19.5B	$18.8B+1.3%	$18.5B-3.6%	$19.2B	$20.7B-8.2%	$22.6B+571.6%	$3.4B+2.6%	$3.3B	$3.1B-10.0%	$3.4B+86.0%	$1.8B+17.0%	$1.6B	$2.5B+14.3%	$2.2B
Retained Earnings	$4.2B+12.7%	$3.7B	$3.2B+9.4%	$2.9B+0.9%	$2.9B	$2.3B+7.5%	$2.2B+0.5%	$2.2B+31.9%	$1.6B	$1.3B+5.7%	$1.3B+2.6%	$1.2B+13.5%	$1.1B	$1.9B+16.5%	$1.6B

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Total Assets	$42.9B+3.8%	$41.4B+0.4%	$41.2B+0.4%	$41.0B-0.5%	$41.2B0.0%	$41.2B-1.8%	$42.0B+0.3%	$41.9B
Current Assets	$10.1B+13.4%	$8.9B+3.5%	$8.6B+13.2%	$7.6B-0.2%	$7.6B+0.2%	$7.6B-7.6%	$8.2B-1.0%	$8.3B
Cash & Equivalents	$1.5B+157.8%	$590.0M-44.8%	$1.1B+215.3%	$339.0M-29.7%	$482.0M-6.8%	$517.0M-15.9%	$615.0M+14.1%	$539.0M
Inventory	$1.3B+3.1%	$1.2B+1.2%	$1.2B-5.6%	$1.3B+2.6%	$1.3B+0.5%	$1.3B-5.9%	$1.3B-4.9%	$1.4B
Accounts Receivable	$1.9B+2.0%	$1.9B+39.5%	$1.4B-10.3%	$1.5B+6.3%	$1.4B-4.3%	$1.5B+40.0%	$1.1B+2.9%	$1.0B
Goodwill	$20.0B0.0%	$20.0B-0.1%	$20.0B-1.8%	$20.4B0.0%	$20.4B+0.2%	$20.3B+0.1%	$20.3B-0.5%	$20.4B
Total Liabilities	$22.1B+1.8%	$21.7B+0.6%	$21.6B+0.4%	$21.5B-2.2%	$22.0B-0.7%	$22.1B-1.4%	$22.4B-1.8%	$22.8B
Current Liabilities	$8.5B-1.0%	$8.6B+19.0%	$7.2B+8.9%	$6.6B-9.3%	$7.3B-1.7%	$7.4B-2.4%	$7.6B-4.3%	$8.0B
Long-Term Debt	$9.2B-0.1%	$9.2B-12.0%	$10.4B-5.0%	$11.0B+0.2%	$11.0B0.0%	$11.0B-0.9%	$11.1B-0.1%	$11.1B
Total Equity	$19.9B+1.0%	$19.7B+0.2%	$19.6B+0.5%	$19.5B+1.3%	$19.3B+0.8%	$19.1B-2.0%	$19.5B+2.7%	$19.0B
Retained Earnings	$4.7B+6.8%	$4.4B+5.0%	$4.2B+1.0%	$4.2B+5.1%	$4.0B+4.8%	$3.8B+1.3%	$3.7B+6.4%	$3.5B

No annual filing on record for: FY2012, FY2017, FY2024.

LHX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LHX annual cash flow statement

Metric	TTM	FY26	FY25	FY23	FY22	FY21	FY21	FY20	FY19	FY18	FY16	FY15	FY14	FY13	FY11	FY10
Operating Cash Flow	$3.3B	$3.1B+21.4%	$2.6B	$2.1B-2.9%	$2.2B-19.7%	$2.7B	$2.8B	N/A	$1.2B+57.8%	$751.0M	$924.0M+8.2%	$854.0M+0.6%	$849.0M+1.9%	$833.0M	$833.1M+3.8%	$802.7M
Capital Expenditures	$484.0M	$424.0M+3.9%	$408.0M	$449.0M+78.2%	$252.0M-26.3%	$342.0M	$368.0M	N/A	$161.0M+18.4%	$136.0M	$152.0M+2.7%	$148.0M-26.4%	$201.0M+21.8%	$165.0M	$311.3M+63.9%	$189.9M
Free Cash Flow	$2.8B	$2.7B+24.7%	$2.2B	$1.6B-13.6%	$1.9B-18.7%	$2.3B	$2.4B	N/A	$1.0B+66.5%	$615.0M	$772.0M+9.3%	$706.0M+9.0%	$648.0M-3.0%	$668.0M	$521.8M-14.8%	$612.8M
Investing Cash Flow	-$470.0M	$407.0M+254.8%	-$263.0M	-$7.0B-2708.4%	-$250.0M-117.9%	$1.4B	$751.0M	N/A	-$159.0M-12.8%	-$141.0M	-$1.0M+100.0%	-$3.3B-1927.2%	-$162.0M-710.0%	-$20.0M	-$1.4B-466.8%	-$250.1M
Financing Cash Flow	-$1.8B	-$3.1B-38.6%	-$2.2B	$4.6B+335.5%	-$2.0B+55.8%	-$4.4B	-$3.1B	N/A	-$781.0M+3.0%	-$805.0M	-$893.0M-137.6%	$2.4B+629.7%	-$448.0M+46.7%	-$840.0M	$492.8M+229.4%	-$380.9M
Dividends Paid	$920.0M	$903.0M+1.9%	$886.0M	$868.0M+0.5%	$864.0M+5.8%	$817.0M	$725.0M	N/A	$325.0M+19.5%	$272.0M	$252.0M+27.3%	$198.0M+10.0%	$180.0M+9.1%	$165.0M	$127.0M+10.4%	$115.0M
Share Buybacks	$857.0M	$1.2B+108.3%	$554.0M	$518.0M-52.2%	$1.1B-70.5%	$3.7B	$2.3B	N/A	$200.0M-26.5%	$272.0M	$0-100.0%	$150.0M-50.0%	$300.0M-27.7%	$415.0M	$256.1M+23.1%	$208.0M

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Operating Cash Flow	$879.0M+1025.3%	-$95.0M-104.8%	$2.0B+259.3%	$546.0M-14.7%	$640.0M+1623.8%	-$42.0M-103.7%	$1.1B+44.7%	$780.0M
Capital Expenditures	$108.0M+9.1%	$99.0M-37.3%	$158.0M+32.8%	$119.0M+35.2%	$88.0M+49.2%	$59.0M-50.0%	$118.0M+51.3%	$78.0M
Free Cash Flow	$771.0M+497.4%	-$194.0M-110.8%	$1.8B+322.5%	$427.0M-22.6%	$552.0M+646.5%	-$101.0M-110.0%	$1.0B+44.0%	$702.0M
Investing Cash Flow	-$114.0M-17.5%	-$97.0M+25.4%	-$130.0M-0.8%	-$129.0M-65.4%	-$78.0M-110.5%	$744.0M+764.3%	-$112.0M-20.4%	-$93.0M
Financing Cash Flow	$167.0M+158.8%	-$284.0M+74.3%	-$1.1B-97.7%	-$560.0M+8.2%	-$610.0M+24.2%	-$805.0M+12.0%	-$915.0M-29.1%	-$709.0M
Dividends Paid	$232.0M-2.5%	$238.0M+5.8%	$225.0M0.0%	$225.0M0.0%	$225.0M-1.3%	$228.0M+3.2%	$221.0M+0.5%	$220.0M
Share Buybacks	$229.0M-22.6%	$296.0M+89.7%	$156.0M-11.4%	$176.0M-30.4%	$253.0M-55.5%	$569.0M+1254.8%	$42.0M-77.9%	$190.0M

No annual filing on record for: FY2012, FY2017, FY2024.

LHX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

LHX annual financial ratios

Metric	FY26	FY25	FY23	FY22	FY21	FY21	FY20	FY19	FY18	FY16	FY15	FY14	FY13	FY11	FY10
Gross Margin	N/A	25.9%	26.3%-2.6pp	28.9%-1.3pp	30.2%	21.4%-7.9pp	29.3%-5.0pp	34.3%+0.1pp	34.2%	36.0%-3.0pp	39.0%+5.0pp	34.0%	-705.4%	-1767.1%	39.6%
Operating Margin	N/A	9.0%	7.3%+0.7pp	6.6%-5.2pp	11.8%	11.9%	N/A	21.3%+3.1pp	18.1%	17.6%	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	7.0%	6.3%+0.1pp	6.2%-4.1pp	10.4%	6.2%-4.2pp	10.4%-3.6pp	14.0%+2.6pp	11.3%	5.4%-3.2pp	8.6%-2.1pp	10.7%-16.2pp	26.9%	310.8%	11.9%
Return on Equity	8.2%+0.5pp	7.7%	6.5%+0.8pp	5.7%-3.9pp	9.6%	5.4%-0.5pp	5.9%-22.3pp	28.2%+6.9pp	21.3%	10.6%+0.8pp	9.8%-19.5pp	29.3%+22.1pp	7.2%	23.5%-2.2pp	25.7%
Return on Assets	3.9%+0.3pp	3.6%	2.9%-0.2pp	3.2%-2.1pp	5.3%	3.0%-0.4pp	3.5%-5.9pp	9.4%+2.3pp	7.1%	2.7%+0.2pp	2.5%-8.3pp	10.9%+8.5pp	2.3%	9.5%-2.3pp	11.8%
Current Ratio	1.19+0.1x	1.08	1.01-0.2x	1.17-0.2x	1.40	1.570.0x	1.57+0.4x	1.14-0.1x	1.20	1.32-0.1x	1.40-0.4x	1.79+0.3x	1.50	1.55-0.4x	1.91
Debt-to-Equity	0.530.0x	0.57	0.59+0.3x	0.340.0x	0.37	0.340.0x	0.30-0.5x	0.82-0.2x	1.04	1.35-0.1x	1.49+0.6x	0.86-0.2x	1.01	0.75+0.2x	0.54
FCF Margin	N/A	10.1%	8.5%-2.7pp	11.2%-2.0pp	13.2%	13.3%	N/A	15.1%+5.1pp	10.0%	12.9%-5.3pp	18.2%+5.2pp	12.9%	158.9%	275.8%	13.0%

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Gross Margin	25.5%+1.1pp	24.4%-1.3pp	25.7%-0.7pp	26.4%+1.8pp	24.6%-1.7pp	26.3%+0.4pp	25.9%-0.9pp	26.8%
Operating Margin	11.1%-0.2pp	11.3%+1.7pp	9.7%-1.3pp	11.0%+0.5pp	10.5%+0.3pp	10.2%+1.2pp	9.0%-0.4pp	9.3%
Net Margin	10.2%+1.3pp	8.9%	N/A	8.2%-0.3pp	8.4%+0.9pp	7.5%	N/A	7.6%
Return on Equity	3.0%+0.4pp	2.6%	N/A	2.4%0.0pp	2.4%+0.4pp	2.0%	N/A	2.1%
Return on Assets	1.4%+0.2pp	1.2%	N/A	1.1%0.0pp	1.1%+0.2pp	0.9%	N/A	0.9%
Current Ratio	1.18+0.1x	1.03-0.2x	1.190.0x	1.14+0.1x	1.040.0x	1.02-0.1x	1.080.0x	1.04
Debt-to-Equity	0.460.0x	0.47-0.1x	0.530.0x	0.560.0x	0.570.0x	0.570.0x	0.570.0x	0.58
FCF Margin	13.1%+16.5pp	-3.4%-11.6pp	8.3%+0.7pp	7.5%-2.6pp	10.2%+12.1pp	-2.0%-6.7pp	4.7%-8.5pp	13.3%

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Net Margin, FCF Margin.

No annual filing on record for: FY2012, FY2017, FY2024.

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Where L3Harris Technologies Inc Ranks

Frequently Asked Questions

Is L3Harris Technologies Inc profitable?

Yes, L3Harris Technologies Inc (LHX) reported a net income of $1.6B in fiscal year 2026.

What is L3Harris Technologies Inc's EBITDA?

L3Harris Technologies Inc (LHX) had EBITDA of $3.3B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does L3Harris Technologies Inc have?

As of fiscal year 2026, L3Harris Technologies Inc (LHX) had $1.1B in cash and equivalents against $10.4B in long-term debt.

Does L3Harris Technologies Inc pay dividends?

Yes, L3Harris Technologies Inc (LHX) paid $4.80 per share in dividends during fiscal year 2026.

What is L3Harris Technologies Inc's return on equity (ROE)?

L3Harris Technologies Inc (LHX) has a return on equity of 8.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is L3Harris Technologies Inc's free cash flow?

L3Harris Technologies Inc (LHX) generated $2.7B in free cash flow during fiscal year 2026. This represents a 24.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is L3Harris Technologies Inc's operating cash flow?

L3Harris Technologies Inc (LHX) generated $3.1B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are L3Harris Technologies Inc's total assets?

L3Harris Technologies Inc (LHX) had $41.2B in total assets as of fiscal year 2026, including both current and long-term assets.

What are L3Harris Technologies Inc's capital expenditures?

L3Harris Technologies Inc (LHX) invested $424.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Does L3Harris Technologies Inc buy back shares?

Yes, L3Harris Technologies Inc (LHX) spent $1.2B on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does L3Harris Technologies Inc have outstanding?

L3Harris Technologies Inc (LHX) had 187M shares outstanding as of fiscal year 2026.

What is L3Harris Technologies Inc's current ratio?

L3Harris Technologies Inc (LHX) had a current ratio of 1.19 as of fiscal year 2026, which is considered adequate.

What is L3Harris Technologies Inc's debt-to-equity ratio?

L3Harris Technologies Inc (LHX) had a debt-to-equity ratio of 0.53 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is L3Harris Technologies Inc's return on assets (ROA)?

L3Harris Technologies Inc (LHX) had a return on assets of 3.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is L3Harris Technologies Inc's Piotroski F-Score?

L3Harris Technologies Inc (LHX) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are L3Harris Technologies Inc's earnings high quality?

L3Harris Technologies Inc (LHX) has an earnings quality ratio of 1.93x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.